Nintendo is Officially Worth More Than Sony (Nintendo is doomed vol. 9000)
- Thread starter ball15life
- Start date
Wooooooohhhhooooooooooooooooo
And the problem in simply this. In the home console space Nintendo can no longer draw in enough gamers to have a respectable install base. Without some sort of gimmick a very low number of people are trying to buy what they're selling. At some point that low install base limits what the games can sell.
Here's an example from just the Wii to Wii U. New Super Mario Bros Wii sold about 29 million copies New Super Mario Bros Wii U sold 5.
Super Mario Galaxy 12.5 million Super Mario 3D World 4.82 million.
Nintendo's inability to draw a large install base cost them many millions in sales of games. The question is this, is that money they lose on game sales completely offset by what they make selling systems? What's more profitable? Selling software or selling consoles? Especially for a company who's console draw ability can be proven to be dwindling.
Nintendo didn't want to make mobile games. The shareholders forced their hand and just a mobile game has made them now the largest of the big 3's gaming divisions almost overnight in value. Nintendo does not want to stop making consoles and make games as a third party either. This isn't about what's most profitable for the company either the heads just don't want to do it just like they didn't want to make mobile games.
LolGo 3rd party when your video game company is more valuable than an entire electronic company, brehs
Nintendo worth more than Sony after Pokemon Go rally
TOKYO — Nintendo on Tuesday (July 19) shot past Sony in market value after shares in the video game giant more than doubled following the release of its wildly popular Pokemon Go game.
The shares surged more than 14 per cent to end at ¥31,770 (S$404.85), up 120 per cent from their July 6 close.
That put Nintendo’s market capitalisation at ¥4.5 trillion yen, making it more valuable than Sony, one of Japan’s best-known companies, by about ¥400 billion.
On Friday Nintendo, creator of the 20-year-old Pokemon franchise, set a record for the most shares ever traded daily in Japan.
Since its launch two weeks ago, the game for mobile gadgets has sparked a worldwide frenzy among users who have taken to the streets with their smartphones.
The free app uses satellite locations, graphics and camera capabilities to overlay cartoon monsters on real-world settings, challenging players to capture and train the creatures for battles.
Investors are betting its popularity is a good sign for Nintendo’s nascent push into mobile gaming, a major U-turn for a company that long insisted on a consoles-only policy.
The Pokemon craze has also boosted other shares in Tokyo. McDonald’s Japan — which has been struggling to get past a series of food safety scandals — soared as much as 23 per cent in the morning after it started on Friday giving away with some meals figurines based on the game’s characters such as Pikachu.
It ended up 5.26 per cent at ¥3,200.
“Investors are flocking to Pokemon-related stocks and McDonald’s Japan is one of those benefiting from the boom,” said Mr Mitsushige Akino, executive officer at Ichiyoshi Asset Management.
“The boom came at a time when McDonald’s business has already started recovering and there’s expectation that the Pokemon toy offering will further increase customer traffic to their shops.”
The game was launched in the US, Australia and New Zealand. Since the weekend it has been released in more than two dozen more countries but has yet to be available in Japan.
Nintendo declined to say when the app would be released in its home market, and Niantic — which developed the game for Nintendo — did not reply to requests for comment.
Forbes cited Niantic chief executive John Hanke as saying the reason for the delay is that Japan’s server capacity is not powerful enough to keep up with expected demand. AFP
This trend won't last. These are inflated numbers due to a trendy product. Not sustainable in the long run. Yall pretend this ain't the most fickle era known to man. Watch when the user base plumets after the initial hype. Casual gamers ain't in it for the long run. They can only milk old ideas for so long. When's the last time Nintendo innovated? All you are seeing is the peak before the fall.
It's not rocket science. Nitendo had made garbage hardware for more than a decade now. They are non competitive on that front.
Nintendo is great at making games. They suck at making hardware. They should focus on what they're best at.
The only real argument I've seen people make as to why Nintendo should keep making consoles is Sega who at this point is a joke. If Nintendo stopped making home consoles tomorrow they wouldn't suddenly turn into Sega. Sega's incompetent mismanagement is why they stopped making consoles and that continued after the fact. It wasn't a choice they made because it made more sense. They drove themselves into the ground doing dumb shyt and couldn't afford to make consoles anymore.
Clearly the guys running Nintendo are smarter than Sega.
itsyoung!!
Veteran
Come on..The Xbox division is the most at risk. Scoprio might be xbox console while Sony as a whole depends on Playstation. Playstation aint going nowhere unless Sony goes down with the ship. Microsoft would cut the Xbox division and go on with its day without hesitation. Nintendo is in the same boat as Playstation but it has more money.
Safest.
1. Nintendo
2. Playstation
On the brink of death:
3. Xbox division
are you fukking stupid as fukk? Focus on the subject at hand. We are talking companies, not divisions of companies. FOCUS. What is so hard about people FOCUSING on the SUBJECT AT HAND ?
The TOPIC is MICROSOFT, SONY AND NINTENDO. Not Playstation, Xbox and Wii U
CurrencyChase
Banned
That's how it works fool. You're the one who is stupid because you can't comprehend the fact that these companies value certain divisions differently. Playstation is Sony. bytch.are you fukking stupid as fukk? Focus on the subject at hand. We are talking companies, not divisions of companies. FOCUS. What is so hard about people FOCUSING on the SUBJECT AT HAND ?
The TOPIC is MICROSOFT, SONY AND NINTENDO. Not Playstation, Xbox and Wii U
are you fukking stupid as fukk? Focus on the subject at hand. We are talking companies, not divisions of companies. FOCUS. What is so hard about people FOCUSING on the SUBJECT AT HAND ?
The TOPIC is MICROSOFT, SONY AND NINTENDO. Not Playstation, Xbox and Wii U
itsyoung!!
Veteran
thats not what the fukk we are talking about though
go take your ADHD pills or some shyt
CurrencyChase
Banned
thats not what the fukk we are talking about though
Title of the thread is Nintendo worth more than Sony and @MeachTheMonster post that out of the 3 companies, Sony is the most at risk. Then on 2nd page random poster is talking about memory cards...but you want to call me out and not @MeachTheMonster ?Really, dude? You either paying extra attention to my post or you want my attention...What do you want?
do you want to talk to me about something?
itsyoung!!
Veteran
I dont got the patience for a back and forth with such a big idiot right now, enjoy ya day man and get some help to focus on shyt
Really, dude? You either paying extra attention to my post or you want my attention...What do you want?
CurrencyChase
Banned
okay dude..you got my attention and now you're satisfied..have a nice day, young fella.my son does the same thing when im too busy.
stock price dropped 17 pts 
hope yall shorted
hope yall shorted
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